Question
You are analyzing a data set of 100 returns. The information you have shows that the returns are normally distributed with an arithmetic mean of
You are analyzing a data set of 100 returns. The information you have shows that the returns are normally distributed with an arithmetic mean of 10% and a standard deviation of 7%. Based on this information, what is the probability that you will earn MORE than 3% in any given period?
Multiple Choice
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50.00%
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99.74%
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84.13%
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47.72%
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
